Master of Actuarial Practice

A Master in Actuarial Practice starts here

The Master of Actuarial Practice at Bond University is a five-semester degree that provides those with an undergraduate degree in an alternative field the opportunity to complete all actuarial Part I and Part II subjects. In addition, you will have the opportunity to undertake a specialisation. The recommended specialisation is Big Data, however students also have the option to choose any other Bond Business School specialisation. This 92-week program contains a 20-week thesis component in the final semester designed to support learning, personal development and professional practice. Bond Actuarial graduates are thus very well placed in the job market and the skills are highly transferable between countries. Students from cognate undergraduate programs may be eligible for advanced standing of up to 40 credit points in the Master of Actuarial Practice program.

Bond is the only university in Queensland to offer the fully accredited program by the Actuaries Institute.

24/7 access to live financial markets

Macquarie Trading Room

Offering a real world trading experience, the Macquarie Trading Room is the leading facility of its type in Australia. You’ll be executing deals, managing portfolios and trading securities in real time based on current market conditions.

What our students say

Mark Johnman

Actuarial Science Student

“What I enjoy in the program is the intersection of different fields including finance, maths, statistics and IT. Companies these days need people to analyse data and explain to them how it can benefit or affect their business. The Actuarial Science program gives you the technical understanding as well as the business context in order to explain that in a way people can understand”.

Mark Johnman

Actuarial Science Student

“What I enjoy in the program is the intersection of different fields including finance, maths, statistics and IT. Companies these days need people to analyse data and explain to them how it can benefit or affect their business. The Actuarial Science program gives you the technical understanding as well as the business context in order to explain that in a way people can understand”.

Key features

Access to the Business School’s formal mentor program where you will be supported by academic staff, senior students and alumni

About the program

Provisionally accredited by the Actuaries Institute, the Master of Actuarial Practice is an innovative and immersive program that combines advanced mathematics, statistics, data analytics, actuarial risk theory, finance, economics and accounting with large-scale, real-life commercial data analysis to develop techniques for the management of risk and business decision making. Show more

Provisionally accredited by the Actuaries Institute, the Master of Actuarial Practice is an innovative and immersive program that combines advanced mathematics, statistics, data analytics, actuarial risk theory, finance, economics and accounting with large-scale, real-life commercial data analysis to develop techniques for the management of risk and business decision making. An integral part of this degree is the development of research skills and actuarial judgement through the Actuarial Control Cycle subjects and the Actuarial Research Thesis subject.

The Master of Actuarial Practice will deliver smaller classes for personalised attention and unparalleled access to Bond University's Macquarie Trading Room and Bloomberg data-sourcing terminals. The program will develop skills in the challenge of handling ‘big data’ to create practical solutions for real world problems. Show less

Mode

On Campus

Duration

92 weeks

Starting semesters

January 2018

May 2018

September 2018

January 2019

May 2019

September 2019

January 2020

May 2020

September 2020

Program type

Masters Coursework

Study area

Actuarial Science

Program code

BN-13120

CRICOS code

083211B

Credit for prior study

For more details on applying for credit, please contact the Student Business Centre: sbc@bond.edu.au

Students may also choose one of the following opportunities to use your elective subject to have an international experience or an Internship opportunity provided you meet the requirements. Please discuss with the Enrolment and Student Engagement Officer in the Student Business Centre.

Study Tour​The Study Tour requires approval from the Faculty. (Please note that Additional Costs are associated with this subject).

Business InternshipThe Internship requires a GPA credit average and requires approval from the Faculty with an application to the Career Development Centre.

When considering the fees associated with your studies, keep in mind that Bond’s accelerated schedule means you can finish your degree sooner and be out in the workforce up to a year earlier than if you went to another university.

This time saving also represents a substantial reduction in accommodation and living costs, plus a full year of extra earnings.

English language proficiency requirements

As tuition is delivered in English, all students will be required to provide documented evidence of the required level of proficiency in the English language. Read more detailed information on English Language Proficiency Requirements for university study.

Credit for prior study

Subject credits may be awarded for previous studies. To apply for credits, you will need to submit academic transcripts including detailed subject outlines/course descriptions for each relevant subject and/or certified copies of testamurs to the Office of Future Students. Please refer to how to apply for credit for more information

Program variations

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Our academics

“This degree is a great choice if you enjoy mathematics and want to develop high-level quantitative analysis skills and use them to solve important problems in a business context. This degree is also a great opportunity to complete all of the Part I and Part II subjects for actuarial accreditation”.